... Premium Income Long Term Insurance Business (Office premiums) $ million 173,906 198,915 224,124 General Insurance Business (Gross premiums) $ million 31,055 34,835 39,205 Annual Growth Rate Long Term Insurance Business % 11.4 14.4 12.7 General Insurance Business % 8.7 12.2 12.5 Insurance Density Long Term...
https://www.ia.org.hk/english/infocenter/files/AR2013.pdf -
Date: 2022-05-24
... Premium Income Long Term Insurance Business (Office premiums) $ million 173,906 198,915 224,124 General Insurance Business (Gross premiums) $ million 31,055 34,835 39,205 Annual Growth Rate Long Term Insurance Business % 11.4 14.4 12.7 General Insurance Business % 8.7 12.2 12.5 Insurance Density Long Term...
https://www.ia.org.hk/english/infocenter/files/AR2013.pdf -
Date: 2020-06-23
...) decreased from 10% in 2017 to 2.3% last year. The drop was mainly driven by the slowdown in the life insurance markets in China and South Korea, which together made up 40% of the total regional premium pool. Quoting from Capgemini, wealth of high net worth individuals in the Asia-Pacific region decreased by...
https://www.ia.org.hk/english/infocenter/files/FT_Asia_Insurance_Summit_2019.pdf -
Date: 2021-12-09
...) decreased from 10% in 2017 to 2.3% last year. The drop was mainly driven by the slowdown in the life insurance markets in China and South Korea, which together made up 40% of the total regional premium pool. Quoting from Capgemini, wealth of high net worth individuals in the Asia-Pacific region decreased by...
https://www.ia.org.hk/english/infocenter/files/FT_Asia_Insurance_Summit_2019.pdf -
Date: 2021-09-08
... adequate and effective cybersecurity measures before commencing any business relationship. Conduct Risks Where VA-related activities form part of the process in arranging contracts of insurance (through premium payment) or carrying out obligations under contracts of insurance (coverage provided in relation...
https://www.ia.org.hk/english/legislative_framework/circulars/reg_matters/files/Cir_dd_28.01.2022.pdf -
Date: 2022-05-31
...) decreased from 10% in 2017 to 2.3% last year. The drop was mainly driven by the slowdown in the life insurance markets in China and South Korea, which together made up 40% of the total regional premium pool. Quoting from Capgemini, wealth of high net worth individuals in the Asia-Pacific region decreased by...
https://www.ia.org.hk/english/infocenter/files/FT_Asia_Insurance_Summit_2019.pdf -
Date: 2020-06-12
... considered to be liquid assets. c. For how long are you able to contribute to an insurance policy and/or investment plan? (tick one) < 1 year 1-5 years 6-10 years 11-20 years > 20 Years d. Approximately what percentage of your disposable income would you be able to use to pay your monthly premium...
https://www.ia.org.hk/english/supervision/reg_ins_intermediaries/files/4_HKFI_Initiative_on_FNA_v4_20190823.pdf -
Date: 2019-12-20
... is incorporated outside Hong Kong with 75% or more of its annual gross premium income for general business pertaining to Hong Kong insurance business; or 75% or more of its annual gross revenue premium income for long term business pertaining to Hong Kong long term insurance business. (b...
https://www.ia.org.hk/english/legislative_framework/files/GL14.pdf -
Date: 2020-09-24
... policyholder starts receiving annuity payouts monthly once the premium has been paid in a lump sum. For example, the Government-initiated “HKMC Annuity Plan” is an immediate annuity. An immediate annuity is more suitable for retirees as they usually have accumulated a sum of money but have no income. Retirees...
https://www.ia.org.hk/english/infocenter/files/Saving_for_retirement_EN.pdf -
Date: 2021-12-14
... policies with single mode of payment, the premiums paid by the policy holders during the financial year; or b) 如屬定期繳付保費保單,保單持有人在保單估值日期所結算的整年保費或在該財政 年度內所支付的彈性保費。 b) for policies with regular mode of payment, the annualized premiums of the policies as at the valuation date or the flexible premium paid by the...
https://www.ia.org.hk/english/infocenter/statistics/files/GB_Definition_2020.pdf -
Date: 2021-10-07